RBZ rate cut not enough to boost economy, analysts say

THE Reserve Bank of Zimbabwe's recent decision to slash its policy interest rate from 35 percent to 30 percent is, on paper, a move to stimulate the economy. However, analysts argue that more should be done to unlock lending for the productive sectors, as the rate cut alone may not be enough to address the underlying issues of food insecurity and economic stagnation, as reported by Daily News and The Financial Gazette.